Oil

Crude Needs to Regain 33-34 to Suggest Some Sort of Low

January 22, 2016
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Weekly Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -While sentiment and momentum are certainly at a point that could lead to a ‘bounce’ for crude oil, meaningful long term support may not reside until the mid-20s as per the combination of long term...

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Crude No Bounce; Just Trounced

January 20, 2016
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Weekly Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -While sentiment and momentum are certainly at a point that could lead to a ‘bounce’ for crude oil, meaningful long term support may not reside until the mid-20s as per the combination of long term...

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Crude Oil Test for the Bounce is 33.50

January 15, 2016
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Weekly Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -While sentiment and momentum are certainly at a point that could lead to a ‘bounce’ for crude oil, meaningful long term support may not reside until the mid-20s as per the combination of long term...

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Crude Oil Bear Coverage Hysteria; Watch 26.72

January 13, 2016
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Weekly Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -USOIL (crude oil ETF) traded to its lowest level since December 2003 today (1/12). While sentiment and momentum are certainly at a point that could lead to a ‘bounce’, meaningful long term support may not...

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Crude Oil Long Term Chart – Mid 20s for Support?

January 8, 2016
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Weekly Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -USOIL (crude oil ETF) traded to its lowest level since 2004 today (1/7). While sentiment and momentum are certainly at a point that could lead to a ‘bounce’, meaningful long term support may not reside...

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Crude is Constructive; Possible Hiccups Near 40 and 42

December 30, 2015
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Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -The last update noted that “crude is in full crash mode (again). The line that provided support in August could do so again. That line is around 34. If crude bounces before reaching the mentioned...

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